connie molusi on board, page-5

Av - I'm pretty sure that we have already seen an asx ann on the Socius re-pricing shares, but will need to go over asx anns to confirm this. The Bruce Buthelezi (Masawu) share issue of almost 10m shares @ 55c was voted on at the SH meeting June 29 2011, as part of the new BBBEE deal.

Yes, it appears that progress has been made on the rail/port allocations - 16.6m new listed oppies is quite a generous payment (considering how much I was buying these same oppies for last year) - of course they will be worth bugger all if the SP fails to get above 50c by Feb 13 2013.